Bloomin Brands Inc (BLMN)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-58,807	2,969	47,310	92,466	272,975	299,862	293,102	166,473	151,907	146,827	108,811	266,529	249,297	159,871	126,720	-109,061	-239,521	-184,022	-142,755	16,476
Revenue (ttm)	US$ in thousands	4,324,990	4,547,170	4,588,230	4,622,050	4,671,470	4,572,320	4,548,250	4,520,720	4,416,510	4,368,540	4,323,240	4,275,450	4,122,383	3,887,808	3,648,608	3,149,697	3,170,564	3,380,239	3,576,123	4,019,594
Pretax margin		-1.36%	0.07%	1.03%	2.00%	5.84%	6.56%	6.44%	3.68%	3.44%	3.36%	2.52%	6.23%	6.05%	4.11%	3.47%	-3.46%	-7.55%	-5.44%	-3.99%	0.41%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-58,807K ÷ $4,324,990K
= -1.36%

Bloomin Brands Inc's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at a low level of 0.41% in March 2020, but then turned negative in the following quarters, indicating that the company's expenses exceeded its pre-tax income during that time.

However, there was a significant improvement in the pretax margin in the latter part of 2021, with the company recording positive figures of 6.05% in December 2021. The positive trend continued into the first half of 2023, reaching a peak of 6.56% in September 2023.

Subsequently, the pretax margin experienced a slight decline by the end of 2024, dropping to -1.36% in December. Overall, the pretax margin trend indicates some variability in the company's ability to control costs and generate pre-tax profits over the analyzed period.